The Indian Institute of Management Calcutta (IIMC) has been awarded a five-year accreditation for its MBA and MBM programmes by the Association of MBAs (AMBA).
Anindya Sen, IIMC Dean, said that the Institute is looking at a global niche. "AMBA accreditation will help us improve international visibility and position ourselves as a global institute, so that we can attract more foreign students. We will also gain valuable advice on our continuous improvement," he said.
Andrew Main Wilson, AMBA's Chief Executive, said: "It is very rare for a first-time applicant to get AMBA accreditation for 5 years and this only shows the level of excellence of the programme and the school.
"India's higher education sector is one of the largest in the world, catering to 26 million students, and we are happy to help the best quality MBA and Masters in Management programmes differentiate themselves with an AMBA accreditation."
According to a February British Council report, 'Understanding India - the future of higher education and opportunities for international co-operation',
India will soon overtake China as the world's largest population, and a
growing middle class, will swelling demand for higher education over
the next 10 years.
AMBA has accredited 6 business schools in India, and a total of 213 globally. In addition to IIM Calcutta, AMBA has accredited the Indian Institute of Management Lucknow, Indian Institute of Management Kozhikode, International Management Institute Delhi, Management Development Institute India and SPJain Institute of Management and Research.